In the BloombergNEF - Electric Vehicle Outlook 2025 report. Electric Vehicle Outlook BloombergNEF estimates the prospects for the development of electric vehicles for 2025:
25% is the expected growth in global sales of passenger electric vehicles in 2025
3.8 TWh is the production capacity of lithium-ion cells adjusted for risk by the end of 2025. more than expected demand
2029 - Peak demand for oil for motor transport
39 million - Sales of passenger electric vehicles in 2030, compared with 17.6 million in 2024
2.4 times - Increase in demand for electricity for electric vehicles from 2025 to 2030
700 GWh - Total declared, under construction and fully commissioned capacity for the production of solid-state batteries in China
Global sales of electric vehicles continue to grow and are expected to account for one quarter of vehicles sold this year. But some markets are experiencing significant declines, and many automakers have pushed back their electric vehicle targets. Electrification is spreading rapidly in other areas of road transport, with buses and two- and three-wheeled vehicles already reaching a very high level of adoption.
China dominates the global electric vehicle market, with more than half of the vehicles sold there being electric. Sales in the US are slowing and facing uncertainty due to policy changes. The spread of electric vehicles in Europe slowed in 2024 as automakers postponed sales and model launch plans to coincide with stricter CO2 emission standards for vehicles in 2025. Sales of electric vehicles in the region are now growing again, but progress varies from country to country, and some countries are lagging even further. At the same time, some emerging economies are experiencing record sales as more low-cost electric models aimed at local customers are emerging.
